Global internet of things market to hit value of $290.0 billion by 2017

The internet of things and machine to machine communications sectors are projected to be the fastest growing technology segments of the Information Technology (IT) sector in the next 3 to 5 years, with a significant potential investments from companies to secure their computing environment. This future networks will be laid out as public/private infrastructures dynamically extended and improved edge points created by the "things/objects" connecting to one another. In fact, IoT communications can take place not only among peoples but also between people and their environment.

The Internet of Things (IoT) is not a new concept. In early 1990s, Mark Weiser, scientific director at Xerox Palo Alta Research Center, introduced the concept of "ubiquitous computing", a future, in which computing can be connected and it has become an integral part in our day to day lives that is transparent to the public. Mr. Weiser didnt coin the term IoT, associated with Auto-ID Center of the Massachusetts Institute of Technology (MIT) end of 1990s. Though, the idea of the IoT has become sensible importance, thanks to the rapid development of consumer electronics and appliances over the last decade.

IoT & M2M communication market in 2011 was worth $44.0 billion, and is expected to grow $290.0 billion by 2017. It is expected to have an increasing CAGR of 30.1% from 2012 to 2017. Europe, APAC, and North America regions are emerging market, whereas in Latin America and Middle East & Africa regions considered a high growth in the markets. In 2011, Europe accounted for about 30.0% of the global revenue, and is expected to grow at a CAGR of 27.4% from 2012 to 2017. APAC and North America are estimated to contribute $92.8 billion and $56.3 billion, respectively, by 2017; at a CAGR of 33.2% and 28.3%, from 2012 to 2017.

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Global internet of things market to hit value of $290.0 billion by 2017

Report Scope

This report deals with the market trends in IoT & M2M communication and the growth associated with it. It also analyses various factors that will drive and restrain the market over the next 5 years. This report categorizes IoT & M2M communication Market on the basis of technology & platforms, IoT components, M2M connections & modules, verticals, and geography.

On the basis of Technology & Platforms Type:

The market by security types are classified on the basis of nine segments; radio frequency identification (RFID), sensor nodes, gateways, cloud management, near field communications (NFC), complex event processing (CEP), supervisory control and data acquisition (SCADA), Zigbee, and Information and discovery services (IDS).

On the basis of IoT Components Type:

The market by service type is classified on the basis of four segments; Sensing & identification: RFID, network communications, data processing, and safety, security, support technology.

On the basis of M2M Connections & Modules:

The market by technology & solutions is classified on the basis of three segments; network connections, sim-cards, module types.

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Select License Type

£3,123.22

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

£4,802.36

Site License

Site License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is intended for use by more than one individual, across for example, a site, an office, or a division or country.

£6,044.93

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

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